TaxConnex

APRIL 20, 2021

This time of year, everybody’s mind is on income tax preparation. And for many accountants and CPA firms, this time of year means extra-long hours and more time spent managing clients’ finances. Either those that they’ve hired internally or the trusted CPA firm they’ve utilized for years.

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CPA Practice

MARCH 5, 2024

Top 100 accounting firm HHM CPAs has expanded outside of Tennessee after merging in Pensacola, FL-based CPA firm Bizzell, Neff & Galloway on March 1. This growth opportunity will enable us to better serve our clients in all markets and strengthen our firm’s capabilities.”

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CPA Practice

JULY 31, 2023

Professionals on the Move is a round-up of recent hiring and promotion announcements from across the accounting space. Deatrick joined the firm in 2009. He provides accounting and assurance services to both public and privately held companies, primarily those within the construction and manufacturing sectors.

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TaxConnex

NOVEMBER 10, 2022

I graduated in 1985 with a Masters in Tax. I was trained in income tax and expected to have a career in public accounting, but I only lasted a few years in a couple of different large CPA firms. I then went to the BellSouth Corporation tax department and had various roles.

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CPA Practice

MAY 10, 2024

Karin Ecroyd has 34 years of experience , with deep technical knowledge and broad multistate tax experience advising large multinational corporations, pass-through entities, and closely held businesses in a wide variety of industries. Ecroyd has split her career between in-house roles and public accounting at local and international firms.

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CPA Practice

JANUARY 11, 2024

Kavanagh joins CohnReznick as Assurance Partner CohnReznick LLP, one of the leading advisory, assurance, and tax firms in the United States, recently announced that Charles (Chuck) Kavanagh , CPA has joined the firm as an assurance partner. DeRose, CPA, CGMA, as its new Managing Director.

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ThomsonReuters

JULY 13, 2023

If you’re part of a small or medium-sized tax and accounting firm, you may think artificial intelligence (AI) solutions are solely designed for large organizations – but think again. To learn more, let’s take a look at three ways accounting firms can use AI as a competitive advantage.

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CPA Practice

OCTOBER 20, 2023

AICPA News is a round-up of recent announcements from the American Institute of Certified Public Accountants. Mr. Kess dedicated decades of services to the CPA profession, going above and beyond to raise the bar for CPAs who provide personal financial planning services.

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CPA Practice

OCTOBER 19, 2023

AICPA News is a round-up of recent announcements from the American Institute of Certified Public Accountants. Mr. Kess dedicated decades of services to the CPA profession, going above and beyond to raise the bar for CPAs who provide personal financial planning services.

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CPA Practice

SEPTEMBER 23, 2023

NovaTax , a new tax news and research platform, officially launched in September 2023. The company says the new system is designed to improve the way small and tax and accounting practitioners at small and mid-sized firms stay informed of federal and state tax issues.

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Nancy McClelland, LLC

APRIL 5, 2024

As a CPA whose company works with loads of small businesses that need to process payroll, I’ve used quite a few payroll systems through the years… and Gusto has become our favorite. It was such a balm on my tired tax-preparing soul to know that they were looking out for us and trying to make our lives better through technology.

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CPA Practice

JUNE 8, 2023

The accounting profession has been facing a staffing crunch brought on by fewer college graduates entering the profession and experienced tax practitioners transitioning to different careers in accounting. However, there’s a challenge when it comes to expanding your firm’s existing staff. By Richard Lavina.

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Nancy McClelland, LLC

AUGUST 2, 2022

After Forbes reported in early July that starting a month earlier, tax professionals had noticed a higher-than-usual volume of CP-14 notices — the type typically issued when a taxpayer has a balance due on their account — the IRS has finally admitted that this is a systemic issue.

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KROST

MAY 11, 2022

Income earned from the trust is not distributed to you. Requires filing of an income tax return. Requires filing of a gift tax return. This type of trust account provides charity with assets or income and avoids or reduces estate taxes. Income tax paid by the grantor. About the Experts.

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Going Concern

OCTOBER 21, 2022

KPMG flunks US overseas audit inspections twice as often as rivals [ Financial Times ] US regulators were twice as likely to find flaws in audits conducted by the overseas affiliates of KPMG than those of any other Big Four accounting firm, an analysis of inspection data shows. Accounting Firm Mergers. Understaffed?

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Basis 365

APRIL 28, 2022

The tax side, which is closer to the accounting side, relates to selecting the appropriate business type that minimizes unintended tax liabilities. We have worked with a tax professional to outline some key considerations for what entity type you should be looking into. Sole Proprietorships 13.1%

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Nancy McClelland, LLC

JANUARY 30, 2024

Ths allows me to continue to provide free accounting resources to small businesses who do not have the funds available to hire a CPA. It felt like we finally had a handle on things and were back to the “normal” amount of seasonal overwork — rather than a Herculean lift, as was the case for the past four years.

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KROST

OCTOBER 20, 2020

According to the Center for Budget and Policy Priorities, individual income taxes generate approximately 50 percent of US federal government revenue. 1 With unemployment rates now above Great Recession levels, individual taxes, along with most other streams of revenue, will fall well short of years past.

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KROST

MARCH 16, 2021

2020-25, allowing taxpayers to file a change of accounting method using Form 3115 with the current year of income tax return filing to catch up on the missed depreciation on qualified improvement property. KROST Quarterly is a digital publication that highlights some of the hot topics in the accounting and finance industry.

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Real Estate tax return Delaware Tax 52

Going Concern

JANUARY 26, 2024

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. Comments are closed on Friday Footnotes and the Monday Morning Accounting News Brief by default. Indeed, trust is not built on mitigating risks alone. million from the federal government.

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ThomsonReuters

OCTOBER 27, 2020

It has been two years since the Wayfair case passed through the Supreme Court, so why are people discussing the Wayfair impact on CPA advisory now? In this episode of Pulse of Practice “Second wave of Wayfair”, Paul Miller, CPA from Business by Design , and I are joined by Shaun Hunley, Executive Editor at Thomson Reuters.

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CPA Practice

FEBRUARY 6, 2024

AICPA Shares Plan to Strengthen Accounting Pipeline According to the American Institute of CPAs ‘ 2023 Trends Report, bachelor’s degree completions in accounting dropped 7.8% CPA firms of all sizes and practice types could choose to recruit entry-level hires into the program.

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CPA Practice

MAY 1, 2023

a SaaS software company with a next-generation tax and accounting automation platform, raised its Series A investment round, which was led by Nashville Capital Network (NCN) and included other highly-strategic industry veterans. HubSync Co., Everything in one place. Modern Client Experience.

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CPA Practice

AUGUST 16, 2023

Technologists Randy Johnston and Brian Tankersley, CPA, discuss client data security and the new FTC Safeguards Rule: IRS Pub 4557. Part of the reason I personally am so adamant that CPA firms subscribe to at least Microsoft 365 Business Premium, is you get the Advanced Threat Protection and data loss prevention capabilities.

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Withum

MAY 17, 2022

Your accounting team will need ample time to produce these statements. You’ll also want to ensure you have the correct quality controls in place to adhere to the strict accounting and financial reporting rules and regulations of a public company. Keep current with accounting technology.

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Going Concern

FEBRUARY 16, 2024

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. Comments are closed on Friday Footnotes and the Monday Morning Accounting News Brief by default. public accounting firms, however, turnover has continued to increase.

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Going Concern

FEBRUARY 23, 2024

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. Comments are closed on Friday Footnotes and the Monday Morning Accounting News Brief by default. million in related income that she and her husband had earned from 2012 through 2014.

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AdviceForTaxpreparers

JULY 29, 2019

Advice for Tax Preparers Making tax preparers lives easier one blog at a time HOME. Accounting Jokes, Videos, Puns and Humor. by Bill Meador, CPA, JD. If you are going to be an accountant then you have to be able to laugh at yourself. Accounting and CPA Puns. Short Accounting and CPA Jokes.

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Going Concern

JANUARY 5, 2024

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. And take our 2024 Predictions for the Accounting Profession survey ! Comments are closed on Friday Footnotes and the Monday Morning Accounting News Brief by default.

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